India's Angel One drops after Q4 profit fall

ReutersApr 17, 2025 4:32 AM

Shares of Angel One ANGO.NS falls 4% to 2259 rupees

Brokerage's Q4 profit falls Y/Y, hurt by tighter regulations in derivatives segment, weak equity markets

Motilal Oswal says co has option to adjust pricing and take other steps to revive growth, restore margins to 45–50% over long term

Adds newer businesses like loans, FDs, wealth, AMC may pick up in medium term

Stock rated "buy" on avg; median PT is 2750 rupees - data compiled by LSEG

Stock down 23% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Will Bitcoin Reach $80,000? BTC Surges Past $74,000 as Iran Tensions Ease

Bitcoin prices surged past $74,000 on prospects of continued negotiations between the U.S. and Iran, potentially challenging the $80,000 threshold.

SanDisk Shares Jump Nearly 12% Toward $1,000, How High Will They Go?

TradingKey - SanDisk once again became a market focus on Monday as its stock price jumped 11.83%, briefly approaching the $1,000 threshold during intraday trading. Driven by surging AI memory demand, a wave of Wall Street price target hikes, and its upcoming inclusion in the Nasdaq 100 Index, the in

Brent Spot $190 Warning: WTI Flips Global Benchmark in Rare Price Inversion as Geopolitical Tensions Flare

TradingKey - Since April, as the conflict in the Middle East has continued to escalate, the oil market has undergone a dramatic transformation: WTI crude has been repriced, not only matching the performance of the global benchmark Brent crude but also surpassing it during several trading sessions. O

Oracle Stock Surges 12%, Why Is It Outperforming Peers MSFT, AMZN, GOOG?

TradingKey - Oracle (ORCL) shares surged 12.69% on Monday to close at $155.62, reaching an intraday high of $155.91, as trading volume spiked significantly. This rally represents a repricing driven by a combination of fundamental improvements and a recovery in expectations.

Musk’s XChat Is Coming to App Store, Meta, Apple and Finance World Are Trembling

Elon Musk’s XChat, the Western equivalent of WeChat, is set to launch on the App Store, issuing a direct challenge to giants such as Meta, Apple, and PayPal.

Featured Tools